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954-557-5993
Real Estate Company
1126 Nw 58th Ter, Miami, FL 33127
- $799,000
- 1,980
- SqFt
- List Price
- $799,000
- MLS#
- A12111480
- Sq. Ft
- 1,980
- Subtype
- Quadruplex
- County
- Miami-Dade
- Community
- Gabel Sub No 4
- Subdivision
- Gabel Sub No 4
- Year Built
- 1936
Property Description
The only fully remodeled, permitted, conforming fourplex in the area under $1M, and it sits in a federal Opportunity Zone. Turnkey, fully leased 4-unit in 33127 with an 8.4% in-place cap rate. Four 1/1 units, separately metered for electric. Remodeled under permit. New roof, impact windows, electrical, plumbing, tankless water heaters, kitchens with Samsung black-stainless appliances, and baths. 40-year recertification complete. Gross income $83,400/yr, with rents below the $2,040 Section 8 payment standard: up to $19,320/yr of upside on turnover. Blocks from Related Urban's Liberty Square redevelopment and minutes from the planned Little River district, future Tri-Rail station, Wynwood, and the Design District. 5,680 sf lot with parking for 4. Buy it and collect.
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Additional Information
- Status Label
- ACTIVE
- Total Unitsin Complex
- 4
- Construction
- Frame With Stucco
- Cooling
- Electric
- Flooring
- Vinyl
- Heating
- Electric
- Lot Description
- Less Than 1/4 Acre Lot
- Roof
- Shingle
- Taxes
- $9,299
- Total Floors
- 1
- Stories
- 1
- Roofing
- Shingle
- Price Per Sqft
- $403
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Listing Courtesy of Beachfront Realty Inc, Contact: